Earnings are moving right on up, and I don't see any serious diminishment of the earnings projections. It looks like we are going to do 10 to 15 profit growth in 2006. That is what is pushing stock prices higher.
More Quotes from Lincoln Anderson:
The biggest thing that would help the markets right now would be a sustained drop in crude oil, but I'm not holding my breath for that. It's drawing attention away from third-quarter numbers that, despite GM, are really pretty good.Lincoln Anderson
I look at that as really good news for the market you want something right in the sweet spot. We're just in a nice, smooth acceleration, and now people are starting to think that's likely to be sustained.
Lincoln Anderson
For five years I worked at the Commerce Department and did econometric modeling, and you could never get these numbers to load into consumption numbers. They're not leading indicators or coincident indicators. They don't tell you a lot.
Lincoln Anderson
The probability of a substantial upward revision is quite high. Then growth should rebound in the first quarter back into the region of 4 percent.
Lincoln Anderson
That makes it definitely worth watching how bonds are trading. When there are problems at a company, the institutional bond investors tend to figure it out before the rest of the retail market and dump their bonds.
Lincoln Anderson
Dell report obviously hurt the company. But it has yet to be seen if it's just the case of one company being conservative with its guidance or if it is an indication for the whole sector.
Lincoln Anderson
Readers Who Like This Quotation Also Like:
Based on Keywords: diminishmentGood painting is the kind that looks like sculpture.
Michelangelo
I have lived too completely, I think. I have known every human emotion.
Bela Lugosi
But it was not possible to do this movie, in this matter of time, without a solid rehearsal period.
Debbie Allen